FAQs concerning Ellesmere Port Lease Extensions

  • Hi, I stumbled across your site. I'm looking for prices on what it cost to extend a lease of a garden flat located in Ellesmere Port. It's up for sale at the moment but has approximately 54 years of unexpired leasehold
  • This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
  • I have my suspicions that my niece is being hoodwinked. She put in an offer on a ground floor flat in Ellesmere Port, where the lease is nearon seventy years but she was informed by the selling agents that the homeowner had extended it to 99 years. Only now has she been advised the current owner was holding off for her to retain solicitors before commencing with the lease extension. Seems underhand, also it may take months to sort it all out. What do you think?
  • I am considering purchasing an auction property and found a studio flat in Ellesmere Port. It has just 48 year lease..the current owner as mortgagees in possession will not want the aggravation of applying for a lease extension..what are the disadvantages of this except for the expensive fee to put a new lease on it and decreased chance of obtaining a mortgage with Clydesdale?
  • I am in need of a lease extension for my flat in Ellesmere Port and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?
  • My (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
  • I'm living at parents but have a maisonette in Ellesmere Port let out which has a fivety seven year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Ellesmere Port for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 19k. Not sure sure whether to hold on or sell the flat?
  • I have sixety four years remaining on my lease of a ground floor flat in Ellesmere Port, the Landlord requires a £15k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is too high
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my maisonette in Ellesmere Port
  • Do you handle lease extensions on land? (a plot of land in Ellesmere Port with 82yrs remaining)

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